Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Is it a good idea to make coin rings?
>
Reply to Thread
Message:
<p>[QUOTE="Blaubart, post: 1911179, member: 37498"]I am not necessarily "advocating for their destruction", but rather trying to minimize the effects of destruction on the coin collecting community by steering them towards common dates and already damaged coins.</p><p><br /></p><p>As for the second point, the number of coins being destroyed will decrease as the number of well circulated or damaged specimens decreases. There will come a point where all decent specimens are held by collectors. Economics will keep people from destroying rare coins to make jewelry at any significant rate because they will be worth more as unmolested coins. This doesn't necessarily mean they have to reach $5000+ like the 1916 d's, but 2-3 times melt is usually enough.</p><p><br /></p><p>In 100 years, Mercury dimes will still be "easy to obtain" by collectors. It might be hard (expensive) to put together a complete set of all years and mint marks, but the destruction of even 90% of the 1944's wouldn't make that set hard to complete, it would be the already scarce 1916 d's.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1911179, member: 37498"]I am not necessarily "advocating for their destruction", but rather trying to minimize the effects of destruction on the coin collecting community by steering them towards common dates and already damaged coins. As for the second point, the number of coins being destroyed will decrease as the number of well circulated or damaged specimens decreases. There will come a point where all decent specimens are held by collectors. Economics will keep people from destroying rare coins to make jewelry at any significant rate because they will be worth more as unmolested coins. This doesn't necessarily mean they have to reach $5000+ like the 1916 d's, but 2-3 times melt is usually enough. In 100 years, Mercury dimes will still be "easy to obtain" by collectors. It might be hard (expensive) to put together a complete set of all years and mint marks, but the destruction of even 90% of the 1944's wouldn't make that set hard to complete, it would be the already scarce 1916 d's.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Is it a good idea to make coin rings?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...